Mizuho Reviews Coinbase Global Inc. (COIN)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Coinbase Global Inc. (COIN) PT Raised to $315 at H.C. Wainwright
May 3, 2024 6:01 AM UTCH.C. Wainwright analyst Mike Colonnese raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $315.00 (from $300.00) while maintaining a Buy rating.
The analyst comments "As expected, Coinbase delivered another strong revenue and earnings beat after the close yesterday (5/2). Total trading volumes more than doubled q/q in 1Q24 while retail and institutional take rates both ticked higher, which drove over $1B in total transaction revenues for the first time since 1Q22, while subscription and services revenues also surprised to the upside, resulting in a whopping 20% revenue beat.... More
Jefferies Reviews Coinbase Global Inc. (COIN)
May 3, 2024 5:41 AM UTCJefferies analyst Trevor Williams reiterated a Hold rating and $245.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Big adj. EBITDA beat as both net revenue and OpEx were better than expectations. Retail and institutional trading volume growth... More
JMP Securities Reviews Coinbase Global Inc. (COIN)
May 3, 2024 5:39 AM UTCJMP Securities analyst Devin Ryan reiterated a Market Outperform rating and $320.00 price target on Coinbase Global Inc. (NASDAQ: COIN)
The analyst comments "Blowout quarter for Coinbase as the firm benefits from improving environment and diversification efforts. This evening (5/2), Coinbase reported 1Q24 Diluted EPS of... More
Raymond James Reviews Coinbase Global Inc. (COIN)
May 3, 2024 5:38 AM UTCRaymond James analyst Patrick O\'Shaughnessy reiterated a Market Perform rating and {REMOVEPT} price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "We maintain our Market Perform rating on Coinbase Global following 1Q24 results. Near-term momentum remains strong as the... More
Barclays Reviews Coinbase Global Inc. (COIN)
May 3, 2024 5:38 AM UTCBarclays analyst Benjamin Budish reiterated an Underweight rating and $179.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Coinbase reported very strong performance in Q1, just about every revenue line beating, and adj. EBITDA meaningfully ahead of the Street, as... More
Coinbase Global Inc. (COIN) PT Lowered to $255 at Goldman Sachs
May 3, 2024 5:37 AM UTCGoldman Sachs analyst Will Nance lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $255.00 (from $295.00) while maintaining a Buy rating.
The analyst comments "We update our COIN 12-month price target to $255 from $295 based on an unchanged 25x multiple on our Q5-Q8... More
After-hours movers: Apple, Block, Coinbase, Booking and more
May 2, 2024 4:56 PM UTCAfter-Hours Stock Movers:
Apple (NASDAQ: AAPL) rose 6.8% after it published EPS and revenue that topped consensus. It also boosted its divided and approved an additional share buyback of $110 billion.
Coinbase posts soaring profit on jump in crypto prices
May 2, 2024 4:16 PM UTCBy Hannah Lang
(Reuters) -Coinbase Global swung to a first-quarter profit of over $1 billion from a year earlier loss, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January.
The company on Thursday reported a net income of $1.2 billion, or $4.84 per share, in the three months ended March 31, compared with a loss of $79 million or $0.34 per share a year ago.
Coinbase shares fell 2.5% in after-hours trading, after ending the trading session up nearly 9%.
"Despite a very... More
Coinbase (COIN) Tops Q1 EPS by $3.39
May 2, 2024 4:06 PM UTC(Updated - May 2, 2024 4:08 PM EDT)
Coinbase (NASDAQ: COIN) reported Q1 EPS of $4.40, $3.39 better than the analyst estimate of $1.01. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.3 billion.
Outlook
Subscription and services revenue: $525 -600 million.For earnings history and earnings-related data on Coinbase (COIN) click here.
... MoreCoinbase (COIN) May weekly option implied volatility into quarter results
May 2, 2024 10:40 AM UTCCoinbase (NASDAQ: COIN) May weekly call option implied volatility is at 256, May is at 110; compared to its 52-week range of 59 to 115 into the expected release of quarter results today after the bell.
... MorePowell speech, Apple results, OECD growth - what's moving markets
May 2, 2024 4:40 AM UTCInvesting.com -- Fed chief Jerome Powell appears to have calmed nerves on Wall Street, with futures looking positive. Apple is set to report results after the close, and a drop in revenue is expected, while the OECD has lifted its forecast for global growth this year.Â
1. Powell eases rate hike fears
Federal Reserve Chair Jerome Powells comments at the conclusion of the central banks latest policy meeting soothed nerves, with the central bank maintaining its easing basis.
The Fed left interest rates on... More
Coinbase (COIN) call put ratio 2.1 calls to 1 put into quarter results
May 2, 2024 2:51 AM UTCCoinbase (NASDAQ: COIN) May weekly 210 straddle priced for a mov of 13% into the expected release of quarter results today after the bell.
... MoreCoinbase (COIN) May weekly option implied volatility into quarter results
May 1, 2024 10:34 AM UTCCoinbase (NASDAQ: COIN) May weekly call option implied volatility is at 199, May is at 108; compared to its 52-week range of 59 to 115 into the expected release of quarter results after the bell on May 2.
... MoreCrypto stocks slide as Bitcoin price tumbles
May 1, 2024 7:09 AM UTCBitcoin price continued its downturn on Wednesday, plunging over $8,000 from its peak yesterday. The flagship cryptocurrency was down by 5.42% at $57,328. It had dipped even lower earlier, hitting $56,500 after reaching an all-time high of $73,797.68 just six weeks ago.
Bitcoin losses also pulled other cryptocurrencies down with it. Ether, for instance, lost more than 4% and was recently trading below $2,900, after having surpassed $4,000 in March for the first time since December 2021.
The market may feel tired and lacking a stimulant may be ready to test further bottoms in the $50,000 range,... More
Coinbase (COIN) May weekly 202 straddle priced into quarter results
May 1, 2024 5:16 AM UTCCoinbase (NASDAQ: COIN) May weekly 202 straddle priced for a mov of 13% into the expected release of quarter results after the bell on May 2.
... More